Asia News
Briefs

Singapore, Tokyo Consider
Linking Stock Exchanges

Updated Dec. 20, 2001 5:32 a.m. ET

The Singapore and Tokyo stock exchanges are examining a link to give the countries' investors direct trading access to both markets, the Singapore exchange's top official said Thursday. Singapore Exchange Chief Executive Thomas Kloet said the link would be similar to the one opened last week between exchanges in the Singapore and Australia. Mr. Kloet said talks with the Tokyo exchange, which began next month, were still at a "formative stage." Both parties have signed a preliminary agreement, but no detailed discussions have yet taken place, he said. The next round of negotiations is expected in January....